CREDITEX S.A.A. is a company dedicated to the manufacture and sale of yarns, fabrics and garments made with Pima and Tangüis cotton, to both national and international markets. The company is characterized by being vertically integrated, managing its operations in seven plants distributed along the Peruvian coast, thus achieving absolute control during the entire manufacturing process. CREDITEX belongs to the economic group Corporación Cervesur S.A.A., and employs around 1500 people, including operators and administrative staff, as well as a board of Executive Directors composed by six people. In the last five years, the company has shown a decline in sales, which has been notably reflected in the financial statements, for instance, an EBITDA of PEN 12'370 miles was reached in 2018 and PEN 9'171 miles in 2019, indicating a decline of around 25%. This is mainly due to the increase in pr...

CREDITEX S.A.A. is a company dedicated to the manufacture and sale of yarns, fabrics and garments made with Pima and Tangüis cotton, to both national and international markets. The company is characterized by being vertically integrated, managing its operations in seven plants distributed along the Peruvian coast, thus achieving absolute control during the entire manufacturing process. CREDITEX belongs to the economic group Corporación Cervesur S.A.A., and employs around 1500 people, including operators and administrative staff, as well as a board of Executive Directors composed by six people. In the last five years, the company has shown a decline in sales, which has been notably reflected in the financial statements, for instance, an EBITDA of PEN 12'370 miles was reached in 2018 and PEN 9'171 miles in 2019, indicating a decline of around 25%. This is mainly due to the increase in pr...